Malaysia’s Tenaga plans to sell up to $1.7 bln Sukuk

Malaysia’s national power producer Tenaga Nasional will sell as much as 5 billion ringgit ($1.7 billion) in 20-year Islamic bonds, chief executive Che Khalib Mohamad Noh said.
The company will issue the sukuk in August or September with the proceeds used to finance a coal-fired power plant in Janamanjung in the northern state of Perak……………………………………….Full Article: Source